Pioneer Bank SSB launches Pioneer Wealth Solutions

DRIPPING SPRINGS, Texas, June 27, 2014 /PRNewswire/ -- Pioneer Bank, SSB has contracted with LPL Financial to launch an investment services division, Pioneer Wealth Solutions. Through a relationship with LPL Financial, Pioneer Wealth Solutions now offers a full range of investment products to the communities they serve.

Jeff Wilkinson, President and Chief Executive Officer of Pioneer Bank, stated, "The need is very apparent with our customers. With Pioneer Wealth Solutions, our goal is to deliver the same level of personal service on the investment side as we do on the banking side."

Pioneer Wealth Solutions will be staffed by a team of four LPL advisors; Eric Negron, Irma Hampton, Amy Colton and Sarah Barajas. The team has a combined 60 years in the financial services industry and hold various investment and insurance licenses and designations. The team specializes in areas such as mutual funds, annuities, life insurance and retirement planning, among a variety of other financial products and services, all of which will be offered at all six Pioneer Bank locations.

About Pioneer Bank:
Pioneer Bank, SSB is a Texas state savings bank with headquarters in Dripping Springs, Texas, and branch offices in Austin, La Grange, Kerrville, San Marcos and Weimar. As of June 2, 2014, Pioneer Bank reported total assets of $318 million, total loans of $228 million, and total deposits of $288 million.

SOURCE Pioneer Bank, SSB